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Economist Jim Rickards: The Global Clearance and Settlement System Might Collapse After Seizure of Russian Assets
3.6.2024
Jim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a settlement service, holds $200 billion in Russian assets. He further explained that...
Illicit Bitcoin mining farm sealed in Paraguay; El Salvador debate on BTC
3.6.2024
The authorities took action against a Bitcoin mining farm that hosted 2,738 Bitcoin miners and five electric transformers, which were confiscated by the authorities. Supervisory and control systems and AI-backed software helped detect these illegal Bitcoin mining farms. According to the report...
Australia’s First Spot Bitcoin ETF Launching Tomorrow
3.6.2024
Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously, Australian investors were limited to indirect bitcoin...
New Meme Coin Raises $1.4M in Opening Week of Presale – Will PlayDoge Explode?
3.6.2024
Meme coins have made a comeback in the past few weeks – and one new token is separating itself from the pack. PlayDoge (PLAY), which combines the iconic “Doge” meme with play-to-earn (P2E) gaming, has already raked in $1.4 million less than a week into its presale. With that kind of traction...
Meme Stock and GME Meme Coin Craze Rekindled by Roaring Kitty’s Reddit Return
3.6.2024
Meme stocks like Gamestop (GME) and meme coins associated with the GME and Wall Street Bets trend have experienced an upswing following Keith Gill’s return to Reddit. Gill, also known as “Roaring Kitty,” has sparked renewed interest. Over the past 24 hours, crypto assets such...
Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s
3.6.2024
Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has decreased by at least 74 EH/s over the past week. Bitcoin...
Bitcoin battles key resistance as trader flags $100K BTC price 'magnet'
3.6.2024
BTC price momentum is building as Bitcoin bulls attempt to cement $69,000 as support this month
Blockchain Sleuth Zackxbt Called out Floyd Mayweather on Token Scams
3.6.2024
Blockchain sleuth Zackxbt called out former boxing world champion Floyd “Money” Mayweather about his fraudulent token activities. Answering a now-deleted post on X where Mayweather promoted a Solana address for his token, Zackxbt asked if the boxer deserved a 13th chance, given...
Why Bitcoin may be boosted by a European Central Bank rate cut
3.6.2024
The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone
Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot
3.6.2024
Since the launch of Ordinal inscriptions, Bitcoin-based non-fungible tokens (NFTs) have proliferated, with the blockchain documenting $3.82 billion in NFT sales across more than 3 million transactions. Bitcoin has now ascended to the fourth-largest blockchain by total NFT sales. From Counterparty...
Bitcoin: The best investment option for billionaire retirees
3.6.2024
Although Bitcoin is incredibly volatile, institutional investors are increasingly focusing on it. Bitcoin is known for its lucrative and long-term returns as an investment opportunity in 2024. There is a possible difference of opinion on whether Bitcoin is a better long-term investment when...
The Incrypted Team Will Host the Online Marathon 2024
3.6.2024
PRESS RELEASE. The Online Marathon 2024 event, which Incrypted team is organizing as part of Ukrainian Blockchain Week, will take place from June 20 to 22, 2024. This online conference will bring together leading representatives of the crypto industry. The event will provide an opportunity...
Spot Bitcoin ETF approval is a game changer for crypto industry: Bitwise CCO
3.6.2024
The approval of a spot Bitcoin ETF would mark a significant milestone for the cryptocurrency industry, according to Katherine Dowling, Bitwise Chief Compliance Officer (CCO). This development is a “huge game changer” that could fundamentally alter the landscape of digital asset...
Ethereum Technical Analysis: Bulls Face Critical Resistance at $3,900
3.6.2024
Ethereum’s price over the past hour has been $3,785 to $3,816, showing an intraday range between $3,746 and $3,837 in the last 24 hours. The crypto’s market capitalization today stands at $458 billion, with a 24-hour trade volume of $10.75 billion. Ethereum On the 1-hour chart, ethereum...
MicroStrategy and Michael Saylor settle tax case for $40M
3.6.2024
In August 2022, Michael Saylor faced allegations of tax evasion. He has since reportedly made the largest income tax fraud settlement in the history of the District of Columbia
First Mover Americas: Crypto Prices Tick Upward as Meme Coin Season Receives Fresh Impetus
3.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Technical Analysis: Bulls Poised for Next Leg up, Targeting $70K
3.6.2024
Over the past hour, bitcoin’s price has ranged from $68,915 to $69,121, with an intraday spread between $67,440 and $69,305. The 24-hour trading volume for bitcoin (BTC) is $23.02 billion, indicating robust market activity. The market capitalization of bitcoin remains strong at $1.36...
Elizabeth Warren: Crypto Prominent in the Global Fentanyl Trade Over the Last Decade
3.6.2024
Two U.S. Senators, Elizabeth Warren and Bill Cassidy, have asked the Biden adminstration to furnish them with updates on what the U.S. government is doing to curb the use of crypto in fentanyl trafficking. According to Warren and Cassidy, decentralized crypto exchange platforms are enabling...
mBit Casino Explores Top 3 Emerging Crypto Gaming Tokens of 2024
3.6.2024
Unveil this year’s leading crypto gaming tokens with mBit Casino’s breakdown of the most promising tokens set to transform the gaming industry. 1. The Rise of Pixel Token As people delve into gaming tokens, one must recognize Pixel Tokens’ meteoric ascent. This native token has become...
Australia's First Spot Bitcoin ETF With Direct BTC Holdings to Go Live on Tuesday
3.6.2024
Australia-based Monochrome Asset Management's Monochrome Bitcoin exchange-traded fund (ETF) (IBTC) will begin trading on the Cboe Australia exchange on Tuesday, the company told CoinDesk